The Prentiss Family Foundation
The Prentiss Family Foundation is a private foundation based in Dallas, Texas, established in 1989. Also known as The Michael V and Patricia G Prentiss Foundation, it is a 501(c)(3) organization with no employees that provides support for various charitable, civic, and educational organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$347K
-11.8% YoY
Annual Giving
$160K
-17.9% YoY
Grant Count
30
-3.2% YoY
Avg Grant Size
$5K
-15.2% YoY
Under IRS private-foundation payout rules, The Prentiss Family Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's principal charitable activity is providing support for various charitable, civic, and educational organizations. Its grantmaking priorities include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The foundation made 20 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with primary focus areas in Virginia, Texas, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $346,624
- Total revenues: $118,409
- Total expenses: $164,630
- Total giving: $159,600
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $346,624 | $392,845 | $547,836 |
| Revenue | $118,409 | $41,159 | $45,145 |
| Expenses | $164,630 | $196,150 | $249,620 |
| Qualifying Distributions | $159,600 | $194,500 | $249,000 |
| Net Investment Income | $9,313 | $9,821 | $15,727 |
| Distributable Amount | $39,986 | $44,834 | $52,968 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
132 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include I Have a Dream Foundation ($25,000), Camp Sweeney ($15,000), Virginia Discovery Museum ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S DISEASE RESEARCH CLARKSBURG, MD | CHARITABLE | $500 |
| AMERICAN RED CROSS BOONE, IA | CHARITABLE | $250 |
| BAYLOR SCOTT & WHITE FOUNDATION DALLAS, TX | CHARITABLE | $5,000 |
| BLUE RIDGE AREA FOOD BANK CHARLOTTESVILLE, VA | CHARITABLE | $5,000 |
| BOYS & GIRLS CLUBS OF CENTRAL VA CHARLOTTESVILLE, VA | CHARITABLE | $10,000 |
| CAL FARLEY'S BOY'S RANCH AMARILLO, TX | CHARITABLE | $200 |
| CAMP SWEENEY GAINSVILLE, TX | CHARITABLE | $15,000 |
| CAPE COD HEALTHCARE FOUNDATION HYANNIS, MA | CHARITABLE | $10,000 |
| CATTLE BARONS DALLAS, TX | CHARITABLE | $7,000 |
| CHRIS LONG FOUNDATION CLAYTON, MO | CHARITABLE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL V PRENTISS | PRESIDENT | — | — |
| DENNIS DUBOIS | VICE PRESIDE | — | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking, with 20 grants distributed in 2024 across education, human services, and charitable causes.
Frequently Asked Questions
What does The Prentiss Family Foundation fund?
The foundation's principal charitable activity is providing support for various charitable, civic, and educational organizations. Its grantmaking priorities include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from The Prentiss Family Foundation?
The foundation made 20 grants in 2024. Recent grants include: • I Have A Dream Foundation - Dallas: $25,000 (2024) • Virginia Discovery Museum: $15,000 (2024) • Wounded Warrior Project: $10,750 (2024) Typical grant awards range from $50 to $35,000. Total giving in 2024 was $159,600.
Where does The Prentiss Family Foundation make grants?
The foundation's grantmaking extends across multiple states, with primary focus areas in Virginia, Texas, and Massachusetts.
What size grants does The Prentiss Family Foundation award?
In 2024, The Prentiss Family Foundation awarded 30 grants totaling $160K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Prentiss Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Prentiss Family Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Prentiss Family Foundation's EIN?
The Prentiss Family Foundation's EIN (Employer Identification Number) is 75-2255757. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Prentiss Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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